Tara Prasad Hotta v. Recovery Officer and Deputy General Manager, Securities and Exchange Board of India., West Bengal
Case brief
What is this about?
High Court of Orissa at Cuttack, W.P.(C) No.9010 of 2025, decided 03.12.2025 by Dr. Justice Sanjeeb K. Panigrahi. Petitioner Tara Prasad Hotta v. Recovery Officer and Deputy General Manager, SEBI, West Bengal. Defreezing of bank accounts sought under Articles 226/227; limited-prayer disposal; time-bound direction (one month) to consider and dispose of pending representation (Annexure-3) in accordance with law and communicate result; no opinion on merits; no precedent value on the freeze itself.
What did the court decide?
Direction to the Opposite Party (Recovery Officer and Deputy General Manager, SEBI, West Bengal) to consider and dispose of the Petitioner's representation under Annexure-3 on its own merit in accordance with law, preferably within one month from presentation of an authenticated copy of the order, and to inform the result to the Petitioner.